Steel Mills

SSAB, Shape Join Forces on Automotive Fossil-Free Steel
Written by David Schollaert
June 21, 2022
SSAB and Shape Corp., have partnered to deliver fossil-free steel crash management and body structure systems to the US market, the steelmaker said.
The Grand Haven, Mich.-based tier-one automotive supplier of lightweight body structures, will be testing SSAB’s HYBRIT steel – made from hydrogen-reduced sponge iron – for use in automotive applications.
“We are excited to welcome Shape as our first partner for fossil-free steel in the US,” said Martin Lindqvist, SSAB’s president, and CEO.
Demand for fossil-free steel is increasing, he said, a driving force behind SSAB’s efforts to bring forward its “green transition”, focused on largely eliminating carbon dioxide emissions within the next decade.
“Shape continues to lead the industry with innovative, lightweight solutions for next-generation vehicles,” says Mark White, Shape’s president, and CEO. “I am extremely excited to partner with SSAB to commercialize their new fossil-free HYBRIT steel technology and to be first to market in crash management and body structure applications for our customers. We see this as a win for our customers, a win for the environment, and a win for Shape!”
Shape has pledged to reduce its global carbon emissions by 30% by 2030 and be fully carbon-free by 2035. White said that the partnership supports Shape’s sustainability goal.
Shape will also reduce end-user carbon emissions through lightweighting of the products it provides its customers, mitigating climate change effects, the company said.
Together with its green steel partners LKAB and Vattenfall, SSAB launched the HYBRIT initiative to develop a process that could virtually eliminate CO2 emissions in steel production by replacing coking coal – traditionally used for iron ore-based steelmaking – with fossil-free electricity and hydrogen.
SSAB is a Nordic and US-based steel company with mills in Sweden, Finland, and the US, and added facilities in 50 countries worldwide.
By David Schollaert, David@SteelMarketUpdate.com

David Schollaert
Read more from David SchollaertLatest in Steel Mills

Cliffs unveils new hydrogen-powered stainless line in Ohio
CEO Lourenco Goncalves, flanked by state leaders and union reps, touted the project as proof that US manufacturing is not only alive, but also advancing.

Cliffs idles Steelton, Riverdale, and Conshohocken operations
Cliffs has idled facilities in Riverdale, Ill., and Conshohocken and Steelton, Pa.

Radius loss narrows, volumes climb in ‘healthy’ West Coast market
Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.

AISI: Raw steel production backs off multi-year high
US raw steel output edged lower last week after hitting a multi-year high in mid-June, according to the American Iron and Steel Institute (AISI).

Private equity firm Atlas Holdings to acquire Evraz North America
Atlas Holdings said it has signed a definitive agreement to acquire Evraz North America (Evraz NA). The Greenwich, Conn.-based private equity firm said it expects the deal for the Chicago-based steelmaker to close in the second quarter of 2025 subject to various closing condition.